Client interview project

This document is Completed Fact Find. It is part of the supporting resources for Assessment Task 2 of FNSFMB503.

Australian Training School Pty ltd trading as Southern Academy of Business and Technology

95 Bathurst Street Sydney NSW 2000 | Unit 1, 159 Queen St, Campbelltown | Phone: 1300 852 205 | RTO Code: 31595 | CRICOS Provider Code: 03602E Version : 2.0 Last Updated : 07 May 2020 Next Update: 07 May 2021 Page 1 of 3

Morgan Mortgages Mortgage Fact Find What are you trying to achieve?

Would like to invest an inheritance in an investment property. Would like a loan that pays off interest and principle. Would like a long term to pay it off. Adviser/consultant name Client reference number Date of Fact Find

Student Name 123483 Date Applicant details

Joint application? Yes First Applicant Second Applicant

Title Ms Mr

Surname Lee Lee

First Name(s) Mary Richard

Previous Name(s) Tay

Nationality Philippine / Australian Philippine / Australian

Date of birth 01/06/1970 16/01/1972

Marital Status Married Married

Applicant’s relationship Wife Husband

Dependants Number 1 Number 1

Age(s) 12 Age(s) 12

Current address 17 Atkinson St Rosemont NSW Or make up an address near to the RTO

17 Atkinson St Rosemont NSW Or make up an address near to the RTO

Daytime telephone 0438282823 0438282825

Evening telephone 02 78787872 02 78787873

Email [email protected] [email protected]

Preferred contact method Email Email

Current residential status (owner or tenant)

Owner Owner

Date moved to current address 01/02/2014 01/02/2014

This document is Completed Fact Find. It is part of the supporting resources for Assessment Task 2 of FNSFMB503.

Australian Training School Pty ltd trading as Southern Academy of Business and Technology

95 Bathurst Street Sydney NSW 2000 | Unit 1, 159 Queen St, Campbelltown | Phone: 1300 852 205 | RTO Code: 31595 | CRICOS Provider Code: 03602E Version : 2.0 Last Updated : 07 May 2020 Next Update: 07 May 2021 Page 2 of 3

The following questions concern the property that the client wishes to purchase with the mortgage. How much is the property? Land $200,000 House build $250,000 $450,000 Costs (roughly 5%) $23,000 $473,000 How much is your deposit? $180,000 How much money do you think you will need? $300,000 Assets Home $850,000 Home Contents $50,000 Investment property None Investments None Vehicles $25,000 Toys None Bank accounts $50,000 Superannuation balance(s) $450,000 and $52,000 Liabilities Home Loans None Investment property loans None Gearing loans None Car loans None Credit Cards Balance $0 Limit $6,000 Personal loans None

This document is Completed Fact Find. It is part of the supporting resources for Assessment Task 2 of FNSFMB503.

Australian Training School Pty ltd trading as Southern Academy of Business and Technology

95 Bathurst Street Sydney NSW 2000 | Unit 1, 159 Queen St, Campbelltown | Phone: 1300 852 205 | RTO Code: 31595 | CRICOS Provider Code: 03602E Version : 2.0 Last Updated : 07 May 2020 Next Update: 07 May 2021 Page 3 of 3

Income Salary/ Directors salary $65,000 and $45,000 Dividends None Rental income None Other None Expenses Living Expenses $600 per week Home repayment amount None Investment property repayment amount None Car repayments None Credit card repayments None Personal loan repayments None Child maintenance None Other Are there any lenders you would refuse to go with? No Have you been to any other lenders? No Have you ever been refused a loan? No Have you been unable to repay a loan before? No